Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies

Commitments and Contingencies
3 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
12. Commitments and Contingencies



The Company leases space for all its branch offices, which are generally located either in downtown or suburban business centers, and for its corporate headquarters. Branch offices are generally leased over periods ranging from three to five years. The corporate office lease expires in 2020. The leases generally provide for payment of basic rent plus a share of building real estate taxes, maintenance costs and utilities.


Rent expense was $0.8 million and $0.9 million for the three-month periods ended December 31, 2018 and 2017, respectively.


As of December 31, 2018 future minimum lease payments due under non-cancelable lease agreements having initial terms in excess of one year, including certain closed offices are as follows:


Remainder of Fiscal 2019   $ 1,506  
Fiscal 2020     1,289  
Fiscal 2021     742  
Fiscal 2022     699  
Fiscal 2023     505  
Thereafter     648  
Total   $ 5,389